Property value increases in Leongatha have tracked lower than the VIC average of 11.00% over the last 12 months.
Taking the average capital gain, or increase in median house value, Leongatha,3953 has racked up an average of -2.71% over the period. This ranks it number 3144th in the whole country for real estate investors looking at median house price increases.
Leongatha, 3953 is offering VIC ‘s 191th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
On average over the past year, suburb has had 9.92 sales per month, which equates to 119 per year.
Situated 113.78km from the CBD, Leongatha is one of South Gippsland localities in the postcode 3953.
Investment property in Leongatha has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.92%
Vendor discounting in Leongatha is giving property investors an average Vendor Discount of around -3.13%. This puts suburb at number 250th in VIC when ranking the most discounted suburbs.
Leongatha is 158th on a list of best yielding suburbs for rents in VIC with a 4.24% return